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Use of the Wholesale Price Index for all Commodities in Determining Future Stumpage Prices Under Long-Term Leases

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Abstract:

Stumpage prices based on the wholesale price index (WPI) for all commodities tend to under-estimate actual market prices paid. Upper limits on the WPI (and other indexes) in such calculations may also result in disparaties between prices paid and observed market prices.

Document Type: Journal Article

Affiliations: Assistant Professor, Department of Forestry, University of Arkansas at Monticello

Publication date: August 1, 1977

More about this publication?
  • Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Southern Journal of Applied Forestry covers an area from Virginia and Kentucky south to as far west as Oklahoma and east Texas.
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